EC433: ADVANCED THEORETICAL ECONOMICS: LABOR, INDUSTRIAL ORGANIZATIONS, AND INTERNATIONAL ECONOMICS

Class Program
Credits 4
Advanced Theoretical Concepts in Economics is specifically designed to prepare students with a more rigorous foundation for graduate study as well as augment and provide cohesion for economics minors in general using principles, concepts, techniques in new applications and levels of understanding. An assortment of topics from International Economics, to Labor Economics, to Industrial Organization will be treated. Standard Economic Theory makes the case for when markets work well and when they do not. Labor and International Economcis as well as Industrial Organization use detailed proofs and sets of assumptions to examine the special cirucumstances and nature of labor markets, international trade regimes, and the level of competition within industry. This course also forumlates appropriate responses to market failure.
Prerequisites
EC130 and EC131 and junior or senior standing